Quick charity verification for Edison Chamber Of Commerce (EIN: 221841265)
Verdict: Edison Chamber Of Commerce shows mixed signals
65/100Mission Score
$321KRevenue
$145KAssets
2Red Flags
2Strengths
Red Flags
Administrative expenses consistently represent a significant portion of total expenses, for example, in 2023, total expenses were $310,857, but the breakdown of administrative vs. program costs is not clear from the provided data.
The provided data lacks specific details on program service expenses, making it challenging to evaluate the direct impact of funds on the community.
Strengths
The organization demonstrates consistent revenue generation over the past several years, with revenues around $200,000-$300,000 annually.
Assets have shown growth in recent years, increasing from $28,236 in 2023 to $48,608 in 2021, indicating some financial stability.
Spending Breakdown
How Edison Chamber Of Commerce allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Edison Chamber Of Commerce
Is Edison Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Edison Chamber Of Commerce (EIN: 221841265) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
Is Edison Chamber Of Commerce a good charity to donate to?
Edison Chamber Of Commerce has a Mission Score of 65/100. Revenue: $321K. Assets: $145K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Edison Chamber Of Commerce?
The Employer Identification Number (EIN) for Edison Chamber Of Commerce is 221841265. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Edison Chamber Of Commerce spend its money?
Edison Chamber Of Commerce allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Edison Chamber Of Commerce's tax-exempt status?
You can verify Edison Chamber Of Commerce's tax-exempt status using EIN 221841265 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Edison Chamber Of Commerce is a unknown nonprofit based in Edison, New Jersey, with reported revenue of $321K and assets of $145K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 60% of spending goes to programs, 30% to administration, and 10% to fundraising. Executive compensation cannot be assessed as no specific compensation figures are provided in the available data. Revenue has grown +23% across 13 filing periods.